Business For Sale · Office

G206& 207 - 450 HESPELER ROAD, Cambridge

G206& 207 - 450 HESPELER ROAD, Cambridge, ON N1R6J7

$550 total

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

97%

About this property

2 Units on Second Floor Fully Built To Move-In. End Cap Unit On Second Floor, Facing Hespeler Road. Multiple Windows For Natural Sunlight. Professional Offices Allowed: Real Estate, Accounting, Mortgage, Consulting, Immigration, Employment, Insurance, etc . Buyer or Buyer's Agent To Verify All Measurements. Zoning C4. Taxes Not Assessed By MPAC yet. Director is a Registered Real Estate Agent (RREA). Legal Description: G206 - UNIT 6 & 7, LEVEL 2, WATERLOO STANDARD CONDOMINIUM PLAN NO. 779 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN WR1543356 CITY OF CAMBRIDGE (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550
Down payment30% · $165
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$3

Projected NOI

$34

Annual cash flow

$3

Cash-on-cash

1.96%

DSCR

1.11

Going-in cap

6.13%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

90,941

Households

35,932

Median income

$97,000

Median age

31.7

Daytime population

137,006

5-yr growth

5.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for G206& 207 - 450 HESPELER ROAD, Cambridge.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.